Quarter Point Interest Rate Hike
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Federal Reserve not expected to budge on interest rates yet as inflation holds its grip
Consumers will have to be patient as they wait for price increases to meaningfully slow down, economists say.NBC News - Top stories - Federal Reserve -
The Everton crisis explained: how did it get to this point?
Owner Farhad Moshiri once said the club were ‘robust’ enough to fund stadium but now they need working capital injections. At Everton’s annual general meeting in January 2019, the owner, Farhad Moshiri, made a dramatic promise.. Speaking about the ...The Guardian - World -
Georgia Bill Targeting ‘Foreign Interests’ Draws Protests
Opponents of the measure, which resembles a Russian law that Moscow has used to crack down on dissidents, say it could undermine efforts for Georgia to join the European Union.The New York Times - World -
Jabeur stunned by Keys in Madrid quarter-finals
Madison Keys sets up a semi-final with top seed Iga Swiatek by producing a brilliant comeback against Ons Jabeur at the Madrid Open.BBC News - Top stories -
Vonovia Lifted by Solid First Quarter, Trading Momentum
Vonovia shares rose sharply after the real estate company confirmed its 2024 forecasts after its first-quarter results came in ahead of consensus.The Wall Street Journal - Business -
Adidas Maintains Outlook as First Quarter Tops Forecasts
Adidas posted above-forecast profits for the first quarter, citing brand momentum, and confirmed its recently-lifted outlook for the year.The Wall Street Journal - Business -
We are hiking our price target on Eaton as demand for AI computing power heats up
Results under the hood were a bit mixed, but the positives far outweighed the negatives.CNBC - Business -
Burgess edges Ipswich past Coventry to within a point of the Premier League
As Kieran McKenna walked into his press conference in a windowless bunker of this vast bowl, he quenched his thirst with a glass of sparkling water. On Saturday afternoon, the chances are it will be a drop of champagne in the comforting surrounds ...The Guardian - World -
Transfer Talk: Liverpool planning Salah contract talks to cool Saudi interest
Liverpool are preparing to offer Mohamed Salah a new contact to repel interest from clubs in the Saudi Pro League. Transfer Talk has the latest.ESPN - Sports -
Starbucks’ stock sinks 12% as ‘cautious’ consumers, more headwinds hit profit, revenue
Starbucks reported fiscal second-quarter earnings late Tuesday that were wide off the mark.MarketWatch - Business -
Amazon Reports $143.3 Billion in Revenue for First Quarter of 2024
The company also reported that profit more than tripled, to $10.4 billion, topping Wall Street expectations.The New York Times - Tech -
Super Micro pushes up full-year revenue forecast as it points to strong AI demand
Super Micro is now a component of the S&P 500 index. The company's growth accelerated to 200% from 103% in the previous quarter, but revenue still missed.CNBC - Business -
Toni Kroos proves the pass master yet again to point the way for Real Madrid | Sid Lowe
The irreplaceable German midfielder refused to allow Bayern to escape with the game – and his control kept Madrid in the tie. Thomas Tuchel had warned that you don’t see Real Madrid’s goals coming, so Toni Kroos helpfully pointed it out, but still ...The Guardian - World -
How interest in electric vehicles has stalled over the last 3 years, in one chart
The promised American switch to electric vehicles from gas-engine cars is hitting speed bumps, and a new survey offers fresh indications of that slowdown.MarketWatch - Business -
Coca-Cola beats first-quarter earnings estimates, raises annual revenue outlook
Coca-Cola Co. reported better-than-expected first-quarter results before market open Tuesday, boosted by what the beverage giant described as “a dynamic backdrop.”MarketWatch - Business -
Black Entrepreneurs, Frustrated by High Rates, Look to the Election
In the battleground state of Georgia, some Black entrepreneurs are frustrated over the impact of higher interest rates, a source of economic anxiety.The New York Times - Top stories -
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Black Entrepreneurs, Frustrated by High Rates, Look to the Election
In the battleground state of Georgia, some Black entrepreneurs are frustrated over the impact of higher interest rates, a source of economic anxiety.The New York Times - Business -
New Zealand's Jobless Rate Rises Sharply
New Zealand’s unemployment rate jumped sharply in the first three months of this year as the economy slumbered in an extended recession and high interest rates battered household budgets.The Wall Street Journal - World - New Zealand -
New Series I bond rate drops to 4.28%, but your rate could be much less if you bought at the peak
The fixed rate holds at 1.3% on new purchases for the next six months, but the inflation-adjusted rate is slightly lower than six months ago.MarketWatch - Business -
High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why.
High rates usually pull down asset prices and hurt the housing market. Those channels are muted now, possibly making policy slower to work.The New York Times - Business - Federal Reserve -
2024 NFL Draft TV ratings down despite strong 1st round
Viewership was still better than what the NFL Draft drew two years ago.Yahoo Sports - Sports - NFL -
Treasury Department announces new Series I bond rate of 4.28% for the next six months
The U.S. Department of the Treasury announced the new rate for Series I bonds through October 2024.CNBC - Business -
'It's a good time to lock in,' expert says. What to know to get the best rates on your cash now
Stubborn inflation may lead the Federal Reserve to keep interest rates where they are for longer. That's good news for cash savers, experts say.CNBC - Business -
Home prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller
It marked another increase after the prior month's annual gain of 6%, and the fastest rate of price growth since November 2022.CNBC - Business -
After a strong first round, overall NFL draft ratings down 3% from last year
After posting strong numbers for the first round, viewership for the NFL draft was down 3% from last year on TV and digital platformsABC News - Entertainment - NFL -
Mammograms should start at 40 to address rising breast cancer rates at younger ages, panel says
Regular mammograms to screen for breast cancer should start younger — at age 40ABC News - Health -
After a strong first round, overall NFL draft ratings down 3% from last year
After posting strong numbers for the first round, viewership for the NFL draft was down 3% from last year on TV and digital platformsABC News - Sports - NFL -
Reasons why the AI stock correction may be overdone
Recent sharp moves highlight the hypersensitivity of the sector to relatively benign cyclical movesFinancial Times - Business -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Europeans have more time, Americans more money. Which is better?
Life expectancy, happiness, sustainability and innovation among factors shaping work attitudesFinancial Times - Business -
Amazon cloud sales growth accelerates as it prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business